LEGAL | Staff Reporter, Australia

Restaurant Brands' KFC outlets in ANZ boost sales in Q1

Same store sales were up 1.6% to $182.8 million.

Restaurant Brands’ KFC stores in Australia and New Zealand have boosted the group’s total sales total basis despite some temporary closures for store refurbishments.

The company said in its Q1 report that sales for KFC Australia were AU$40.7 million (NZ$42.8 million), an increase of 1.9% while on a total basis despite temporary closures for store refurbishments, and producing an increase of 6.0% on a same store basis. Its store numbers remained constant at 61 during the quarter.

Sales for KFC New Zealand in Q1 amounted to $80.0 million, an increase of 6.7% on the equivalent period last year and up 5.2% on a same store basis for this quarter.

Store numbers reached 97 during the quarter with opening of stores at Bombay (south of Auckland), Courtenay Place in Wellington (in the new CBD format) and Tauranga Crossing.

In contrast, first quarter sales for Pizza Hut stores in New Zealand were $7.7 million, a decrease of 16.1% on the equivalent period last year. Same store sales for the quarter also decreased by 4.6%.

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